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Technology Stocks : Internet Capital Group Inc. (ICGE) -- Ignore unavailable to you. Want to Upgrade?

To: coachbobknight who wrote (1129)	1/14/2000 10:54:00 PM
From: puborectalis	Respond to of 4187

Asian B2B E-Commerce To Top $272B By 2003 By Paul A. Greenberg E-Commerce Times January 14, 2000 According to research firm GartnerGroup, Asian B2B e-commerce will top $272 billion (US$) by 2003, with overall Asian e-commerce reaching $340 million. "There's a big myth that Asia is light years behind the U.S., but I don't think we're behind at all," said GartnerGroup's Hong Kong-based research director Joseph Sweeney. "We're moving in different directions in Asia and it's B2B that has the most potential," he said. Sweeney says that B2B e-commerce will skyrocket despite the economic crisis from which Asia is still recovering. U.S. Companies Align With Asia Meanwhile, U.S. companies are seeing the advantage of forming alliances with key Asian Internet companies. In addition to the deal that was announced earlier this week between NBC Internet, Inc., and Asiacontent.com, other major U.S. players are expanding their interests in the region. Asiacontent.com also announced plans this week to team up with CNET, Inc. to form CNET Asia, a collection of Internet sites bringing localized technology news, reviews, product comparisons and shopping services to Asian audiences. CNET Singapore has been operational since 1998, followed by sites in Hong Kong, Taiwan and Malaysia. The new venture will extend CNET Asia's local reach to include sites for China, South Korea and India. Asia Has Merger Fever Asia's Internet companies will experience strategic mergers in the near future, according to investment banking firm techpacific.com's Robert Owen. Over the past year, demand for Asian tech stocks has sent some of them soaring, thereby enabling significant buying power for the limited number of Asian Internet companies that list their shares publicly. Investors worldwide have funneled money into Asian telecommunications companies and chipmakers. China Telecom, for example, has experienced gains of 220 percent over the past year. Its current stock market value is about $70 billion . China.com Corp., the Hong Kong-based Internet portal that operates china.com, cww.com, taiwan.com and hongkong.com, has experienced a 150 percent increase since it first listed on Nasdaq and has a market capitalization of about $3.2 billion. The company, which has AOL as a major investor and also has a partnership with 24/7 Asia to handle advertising, has announced plans for a secondary offering aimed at raising at least $300 million. Massive Expansion for Asian Internet Use The number of Internet users in Asia is expected to expand by 422 percent within the next five years, according to a recent study by London-based Philips Group. The region currently has 43.6 million online users, but the study expects that number to increase to about 228 million in 2005 and 370 million in 2006. The study predicts that Japan will likely retain the largest number of users until 2004, but China will surpass Japan in 2005.

To: coachbobknight who wrote (1129)	1/18/2000 12:16:00 AM
From: saket chadda	Read Replies (2) \| Respond to of 4187

Coach, Lots of positives going for ICGE: 1. Positive PPI 2. Positive CPI 3. Interest rates increase as expected (0.25 basis) Greenspan said that he will only do what the market expects. 4. Small float. 5. High short interest. 6. Blodget on CNN and CNNFN reccomending the stock as the best way to play B2B. 7. Follow-up article in Barrons from Lehman. Very bullish. 8. 3-4 analysts touted ICGE this weekend over the various financial new channells. 9. Only 18% of the insider shares being un-locked (according to a Yahoo poster) instead of all of them. 10. Heavy institutional buying right at close on friday and after hours. 11. B2B projected to be a 1.3 Trill (with a T) market for the US. More if you consider international opportunities. 12. Softbank investing in VERT (aa ICGE holding). This indeed is squeeze time. I would reccomend covering your short at a intra-day dip tommorow. Regards Saket